Nov 13, 2012 2:00am PST
to see that and possibly as well at the bay airport hubs in new york city, philadelphia even into boston as we head through lart on through the day. portions of the southeast not dealing with a whole lot of moisture. the frontal boundary relatively dry. behind it very dry. a lot of sunshine expected the next several days in the southeast and northeast behind the front. again cool temperatures. >> winter is here. thanks so much. now stories you can bank on this morning. will investors fear about the looming fiscal cliff impact the market today? lauren simonetti takes a look. what do you think? >> we are down today. stocks are expected to open broadly lower today after meandering between gains and losses on veteran's day yesterday. the market is closing right where they started as you can see pretty flat. they thought the action was inevitable there has been no news on the economy or the possibility of a deal to avoid the fiscal cliff. the cliff could cause the u.s. economy $800 billion and 3 million jobs. sends the u.s. back into recession. >> many people are worried about what this means
Nov 16, 2012 2:00am PST
. this will last into the thanksgiving holiday. look at the travel forecast looking good across boston, dallas, los angeles. heading toward new york, dc you could have a stray thunderstorm. san francisco could see a little bit of rain there. a quick look at the wednesday forecast good for the eastern half temperatures in the 50s and 60s. we will see the rain for parts of the northwest. we are heading toward the holiday for cooking. >> me? i can't even boil water. >> after meeting with labor leaders and ceo's of some of america's biggest countries they will try to come up with a deal to avoid the fiscal cliff. president obama and top four congressional leaders will meet at the white house. tax hiengs and spending cuts that are certain to kill the u.s. economy. it is the first face to face meeting and almost guaranteed will be in for marathon negotiations. if wall street is any judge the market fell 5 percent since the election. >> we talk a lot about how the post office loses any money. they lost more than a billion dollars. a record. 3 times as bad as expected. more red ink is slated for next year.